Relaxo Footwears (BOM:530517) Tax Rate % : 25.40% (As of Mar. 2024)

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What is Relaxo Footwears Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Relaxo Footwears's Tax Expense for the three months ended in Mar. 2024 was ₹209 Mil. Relaxo Footwears's Pre-Tax Income for the three months ended in Mar. 2024 was ₹823 Mil. Therefore, Relaxo Footwears's Tax Rate % for the quarter that ended in Mar. 2024 was 25.40%.

Relaxo Footwears Tax Rate % Historical Data

The historical data trend for Relaxo Footwears's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Relaxo Footwears Tax Rate % Chart

Relaxo Footwears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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22.44

25.46

25.09

26.45

25.55

Relaxo Footwears Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.89	25.67	26.81	24.12	25.40

Relaxo Footwears Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Relaxo Footwears's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	688	/	2692.7
	=	25.55 %

Relaxo Footwears's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	209	/	822.9
	=	25.40 %

Relaxo Footwears Tax Rate % Related Terms

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Relaxo Footwears (BOM:530517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Relaxo Footwears Ltd (BOM:530517) » Definitions » Tax Rate %

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RELAXO:India

Address

Aggarwal City Square, Plot No. 10, Mangalam Palace, District Centre, Sector-3, Rohini, New Delhi, IND, 110085

Website

https://www.relaxofootwear.com

Relaxo Footwears Ltd manufactures footwear in India that it sells under the brand names Flite, Bahamas, Hawaii, Sparx, Schoolmate, Elena, and Casualz. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers. Relaxo sells its products directly through its company-owned retail stores and online shopping portal, and Relaxo sells its products wholesale to distributors and through export operations. The Company has only one segment Footwear and related products. The vast majority of sales are generated in India, where the company's hundreds of Relaxo Shoppe retail stores are located.

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